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Dow Partners GoodBed to Develop Scientific Mattress Testing Program
ZACKS· 2024-10-08 12:26
Dow Inc. (DOW) and GoodBed, the leading mattress information resource for customers, have collaborated to create a benchmark lab testing program for the mattress industry. This partnership brings together GoodBed's unique bedding knowledge and proprietary mattress rating framework, Mattress DNA, with Dow's robust lab testing capabilities.One of the most significant obstacles in evaluating mattress performance is the lack of standardized testing to quantify comfort. This leads to consumers not knowing how to ...
Dow Tumbles Over 400 Points; Duckhorn Portfolio Shares Surge
Benzinga· 2024-10-07 18:37
Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite falling over 150 points on Monday. The Dow decreased by 0.97% to 41,940.43, the NASDAQ fell by 0.89% to 17,976.85, and the S&P 500 dropped by 0.77% to 5,707.03 [1] Company News - AstraZeneca entered an exclusive license agreement with CSPC Pharmaceutical Group to develop a novel small-molecule lipoprotein (a) disruptor for dyslipidemia patients [2] - Scholar Rock Holding Corporation's shares surged by 328% to $31.73 following positive Phase 3 SAPPHIRE clinical trial results for apitegromab in SMA patients [2] - Arcadium Lithium PLC shares increased by 32% to $4.06 after being approached by Rio Tinto for a potential acquisition [2] - Duckhorn Portfolio Inc shares rose by 104% to $10.99 after reporting better-than-expected fourth-quarter results and announcing a definitive acquisition agreement with Butterfly Equity [2] Declining Stocks - Trevena, Inc. shares plummeted by 46% to $2.50 due to a Nasdaq delisting notification [3] - Heritage Insurance Holdings, Inc. shares fell by 25% to $9.09 [3] - Universal Insurance Holdings, Inc. shares decreased by 19% to $17.12 [3] Commodities - Oil prices increased by 3.6% to $77.02, while gold prices slightly decreased by 0.1% to $2,666.10. Silver fell by 1.1% to $32.035, and copper dropped by 0.2% to $4.5635 [4] European Market Insights - European shares closed mostly higher, with the eurozone's STOXX 600 rising by 0.18%. Germany's DAX fell by 0.09%, while France's CAC 40 climbed by 0.46% [4] - Eurozone retail sales rose by 0.2% month-over-month in August, while the Halifax House Price Index in the UK increased by 4.7% year-over-year in September [4] Asia Pacific Markets - Asian markets showed mixed results, with Japan's Nikkei 225 gaining 1.80% and Hong Kong's Hang Seng Index rising by 1.60%. India's BSE Sensex dipped by 0.78% [5]
ETFs to Tap as Dow Scales New Highs
ZACKS· 2024-10-07 16:50
The Dow Jones Industrial Average hit a new all-time high following stronger-than-expected jobs report, which regained investors’ confidence about the health of the economy. Investors seeking to participate in the Dow Jones rally can consider SPDR Dow Jones Industrial Average ETF (DIA) , iShares Dow Jones U.S. ETF (IYY) , Invesco Dow Jones Industrial Average Dividend ETF (DJD) , ProShares Ultra Dow30 ETF (DDM) and ProShares UltraPro Dow30 (UDOW) .The latest jobs data showed the biggest jump in six months in ...
Watch These SPDR Dow Jones Industrial Average ETF Price Levels After Record Close
Investopedia· 2024-10-07 11:35
Key TakeawaysThe SPDR Dow Jones Industrial Average ETF Trust may come into focus on Monday after posting a record close Friday following a strong September jobs report that reinforced confidence in the economy’s resilience.The fund's price trades within an ascending channel, though lackluster volumes potentially indicate waning upward momentum.Investors should monitor crucial support levels on the ETF's chart around $377, $350, and $325, while also watching a measured move price target above the ascending c ...
Dow Jumps Over 300 Points As Tesla, Amazon And Netflix Record Gains: Investor Optimism Improves, Fear Index Remains In 'Greed' Zone
Benzinga· 2024-10-07 07:46
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday.U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 300 points during the session following the release of jobs data.The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month. ...
Why Is Nike Down Over 23% Year to Date When the Dow Jones Is Hitting All-Time Highs?
The Motley Fool· 2024-10-06 12:30
Nike has dug itself into a hole and doesn't seem to know how to get out. It's been a monster year for the Dow Jones Industrial Average, with the index up nearly 12% year to date and hitting a new all-time high in September. But not all of the Dow components has shared in this success. Athletic shoe and apparel maker Nike (NKE 0.18%) has been a major loser -- down over 23% year to date to make it the third worst-performing stock in the index behind only Boeing and Intel. Here's what's driving the Dow's surge ...
Coca-Cola and These 2 Red-Hot Dow Dividend Stocks Are Up 10% to 22% in 3 Months, and They Could Still Be Worth Buying in October
The Motley Fool· 2024-10-05 18:05
The Dow Jones Industrial Average has been outperforming the S&P 500 in recent months.In the beginning of 2024, the broader indexes were being driven higher mostly by mega-cap growth stocks. But the market's leadership has changed in recent months, with stodgy blue chip dividend and value stocks posting sizable gains.For example, Nvidia is down 3.1% in the last three months while the S&P 500 is up 3.2% and the Dow Jones Industrial Average has increased 7.1%. Meanwhile, Dow components Coca-Cola (KO -0.50%), H ...
Is It Time to Buy September's Worst-Performing Dow Jones Stocks?
The Motley Fool· 2024-10-05 09:25
They may technically be blue chips, but that doesn't necessarily make them your best bets at their discounted prices.A good stock is an even better buy at a low price. It doesn't necessarily follow, however, that all discounted stocks are great investments. After all, the company in question must first be worth owning at any price.This truism presents something of a conundrum for investors right now. Several blue chip stocks found in the Dow Jones Industrial Average (^DJI 0.81%) tumbled last month even thou ...
Buy 2 October Dogs Of The Dow And Watch 5 More
Seeking Alpha· 2024-10-05 06:38
While most of this collection of Dow Industrials is too pricey and reveals only skinny dividends, two of the ten lowest priced Dogs of the Dow are ready to buy. October finds Verizon ( VZ ), and Intel (Get the Dogs Of The Dow 'Safer' Dividend Dogcatcher StoryClick here to subscribe to The Dividend Dogcatcher & get more information.Catch A Dog On Facebook The evening before nearly every NYSE trade day on Facebook/Dividend Dogcatcher, A Fredrik Arnold live video highlights a portfolio candidate in the Underdo ...
Preliminary Earnings Spotlight: Watching 3 Cyclicals Ahead Of The Q3 Reporting Season
Seeking Alpha· 2024-10-03 12:00
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